Thanks for the news letter. The only thing I can add to the conversation is on the topic of logistics. I deal with truckloads and container loads domestically and internationally. And know that china is open and has been working hard to "catch up" with demand, along with demand slowing in the US, the rates to get good in from other countries has eased considerably. We had clients that were paying as high as $28,000 to move a container from Shanghai to Utah. That is insane, as just a couple years before it was as low as $4000-5000. I know everything is connected, but the demand from covid and the shortages in containers and freighter ships, in my mind, really seemed to be a huge factor. So I worry about the fed going to crazy on rate hikes, as I feel that the with shipping rates going almost back to normal we will see inflation slow down since businesses arent paying 5x for products anymore.
Thanks for the news letter. The only thing I can add to the conversation is on the topic of logistics. I deal with truckloads and container loads domestically and internationally. And know that china is open and has been working hard to "catch up" with demand, along with demand slowing in the US, the rates to get good in from other countries has eased considerably. We had clients that were paying as high as $28,000 to move a container from Shanghai to Utah. That is insane, as just a couple years before it was as low as $4000-5000. I know everything is connected, but the demand from covid and the shortages in containers and freighter ships, in my mind, really seemed to be a huge factor. So I worry about the fed going to crazy on rate hikes, as I feel that the with shipping rates going almost back to normal we will see inflation slow down since businesses arent paying 5x for products anymore.
Great info! Thanks for sharing :)
That’s a valuable perspective. Thanks for sharing it!
Really appreciate these Newsletters Graham! Some of the stories I've already heard, but they are all interesting nonetheless.
I wish I knew where you found all of these great parables haha. Thank you for the information.